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Rep. Ritchie Torres (D-N.Y.) in conversation with Axios' Neil Irwin at an Axios Live event. Photo credit: Denny Henry for Axios
WASHINGTON — Capitol Hill lawmakers are working across the aisle to cut through red tape and build more homes, though a compromise over rules on certain rentals is a sticking point, speakers said at an Axios event.
Why it matters: With an estimated shortage of 4.7 million U.S. homes, leaders from both parties are moving on the overall goal of supply, even as they work through negotiations on the fine print of a federal housing bill.
